External Challenges
The power of these China-made institutions is alarming; the Bertelsmann Transformation Index 2020 notes that many AIIB projects challenge US global and Japanese regional leadership roles.
The power of these China-made institutions is alarming; the Bertelsmann Transformation Index 2020 notes that many AIIB projects challenge US global and Japanese regional leadership roles.
This is the first-ever budgetary support programme from the AIIB to India.
AIIB has an authorised capital base of US$100 billion earmarked “to improve economic and social development in Asia"
The AIIB, which currently has 64 member states, took the decision to invest the amount in India at a meeting held at its headquarters in Beijing, China.